Alpha Pro Tech CEO Garcia Sells $27,400 Worth of Stock By Investing.com

In a recent transaction, David R. Garcia, a director at Alpha Pro Tech Ltd. (NYSEAMERICAN:APT), sold 5,000 shares of the company’s common stock for a total consideration of $27,400. The shares were sold for a price of $5.48 each, according to a Form 4 document filed with the Securities and Exchange Commission.

The transaction occurred on September 16, 2024 and was disclosed in the document dated September 18, 2024. Following the sale, Garcia’s direct ownership in the company decreased to 9,413 shares of common stock.

On the same day, Garcia also exercised options to acquire an additional 5,000 shares of Alpha Pro Tech common stock at a price of $3.42 per share, for a total transaction value of $17,100. This transaction increased his direct ownership prior to the subsequent sale.

Alpha Pro Tech Ltd, known for its orthopedic, prosthetic and surgical equipment and supplies, is incorporated in Delaware and operates under the trading symbol APT.

Investors often keep an eye on insider transactions because they can provide insight into a company’s financial health and future prospects. Garcia’s sale represents a notable change in his investment position in Alpha Pro Tech, although it’s not immediately clear what motivated the transaction.

Filing Form 4 provides transparency into the trading activities of company insiders, informing the public of potential changes in insider confidence and ownership interests.

InvestingPro Insights

As investors digest the recent insider transactions at Alpha Pro Tech Ltd, it is worthwhile to look at the company’s financial performance to better understand its position in the market. According to data from InvestingPro, Alpha Pro Tech reported revenue of $61.09 million over the trailing twelve months as of Q2 2024, representing a growth rate of 7.44%. The company’s gross profit during the same period was $24 million, which translates to a gross profit margin of 39.29%, suggesting a solid ability to maintain profits after cost of goods sold.

Additionally, an InvestingPro Tip highlights that Alpha Pro Tech has liquid assets that exceed its short-term liabilities. This financial stability is a positive sign for investors, as it suggests that the company can easily meet its immediate obligations. An additional InvestingPro Tip reveals that Alpha Pro Tech operates with moderate debt levels, which can be a balancing factor in the company’s overall risk profile.

These insights are particularly relevant given the recent insider sale, as they provide a broader context for evaluating the company’s economic position. For those interested in a deeper analysis, InvestingPro offers additional tips on Alpha Pro Tech, which can be found at https://www.investing.com/pro/APT. Currently, the platform lists a total of six InvestingPro Tips that can provide further information for investment decisions regarding the company.

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